I have a close friend buying a new construction home and he asked me about a home inspection on his house. He asked me what I would do and I told him I probably wouldn't spend the money on an inspector but I would ce...
We are renovating a house in a really popular neighborhood in Indianapolis. We have a potential buyer we've been working with for that past couple of weeks. They sent us an offer with 30 or so specific line items in 3...
Hello,I just got started with my first rental property a few months ago, and I'm facing repairs for the first time. The property is in NC (I'm in WA) so it all goes through a property manager. The repairs were prompte...
Hey. I am in the process of selling my flip property. We are under contract and the buyer has got a Home inspection done. Now I will start by saying this is our first flip so it is all a learning curve. I feel like th...
I'm interested in hearing from fellow flippers about how they have managed the process of draws and payments to contractors. I work with the GC at the outset to establish what items will be completed for each draw. So...
I see numerous threads on umbrella policies here, but I am still not 100% clear. Few questions.1) Does the umbrella policy on my primary residence also cover any rentals I own? I think the answer is it depends on the...
Hey BP,Curious if anyone out there can chime in on what specific projects within a rehab produce the best ROI. Obviously this assumes that there aren't major infrastructure items to be addressed (ie. functioning roof,...
Do all banks require short sales to be listed with a Realtor before they will consider your offer?
This is my 1st time with 1040 and rental.a) Is it possible to list the closing costs under any expense item - eg. commission. I bought the house so technically didn't pay any agent. I also took a no-point loan but I s...
Hi, I am looking to get a Airbnb shopping checklist for a studio/1 bedroom. Ideal I'm looking for a list that would provide all the necessary items to set up the apartment. Does anyone have something like this and wou...